Month: October 2012

A girl, who lost her father in a road accident when she was nine years old, was awarded compensation by the Thane Motor Accident Claims Tribunal after 12 years of…

Insurance Regulatory and Development Authority (Irda) recently said it is likely to issue final IPO guidelines for general insurance companies in the next two weeks.

Insurance regulator IRDA recently said "severe" penal action will be taken against those general insurance companies refusing third party motor insurance.

Sector regulator IRDA today said it will develop 10 standard products in consultation with industry bodies which can be launched by the insurance companies without seeking regulatory nod.

Insurance regulator IRDA will soon come out with guidelines to prevent insurance companies from arbitrarily hiking renewal premiums on health policies under which benefits had been claimed previously.

Insurance regulator Irda today favoured increase in foreign direct investment in the sector to 49 per cent, saying it requires big investments for growth.

IndiaFirst Life Insurance, a joint venture between two of India's largest public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company…

Non-life insurance companies reported a 18 per cent growth in premium collections in the April-August period, reflecting an upturn in business environment.

A Motor Accident Claims Tribunal has awarded a total compensation of nearly Rs 50 lakhs to the families of two youths who died early this year in a road mishap…

Insurance regulator IRDA will come out with a new policy to accord automatic clearance to the standard life insurance products and relax investment guidelines to encourage fund flow into infrastructure…